The Fed Should Raise the Fed Rate by 100 Basis Points On Wednesday and Get this Over With.

I don't understand why Jerome Powell just doesn't raise the rate and get it over with. I think this would calm the markets and allow for things to break that need breaking such as housing prices. I really feel the slow roll to the build is worse than just getting it over with.

2 quarters of the raising of the rates should be enough and would give a nice swing to recovery in Q2 2024. That's just my take.

If we keep letting the economy go then the bubble is only going to get worse and worse. In my opinion the rate is not enough to truly adjust house or car/vehicle sales. Especially not vehicle sales in any impactful way. Everything else is in line except for housing and there is no way you can let that continue any further. Something has to give.